Defense Acquisition Council (DAC) has approved the implementation guidelines for the Strategic Partnership Model to ensure timely delivery of equipment to the Armed Forces. The approval was given at the meeting of DAC chaired by Defence Minister Nirmala Sitharaman. The model aims to revitalize the defense industrial ecosystem and progressively build indigenous capabilities in the private sector to design, develop and manufacture complex weapon systems for the future needs of the Armed Forces. The DAC also approved platform-specific guidelines for procurement of Naval Utility Helicopters. All procurements under the Strategic Partnership Model would be executed by specially constituted Empowered Project Committees to provide focused attention and ensure timely execution. The DAC also accorded approval for the acquisition of eight Fast Patrol Vessels for the Indian Coast Guard at a cost of about 800 crore rupees. These vessels will be indigenously designed and manufactured which will strengthen maritime security.

The approval was given at the meeting of DAC chaired by Defence Minister Nirmala Sitharaman.

The model aims to revitalize the defense industrial ecosystem and progressively build indigenous capabilities in the private sector to design, develop and manufacture complex weapon systems for the future needs of the Armed Forces.

All procurements under the Strategic Partnership Model would be executed by specially constituted Empowered Project Committees to provide focused attention and ensure timely execution.